Locating an Affordable Car Insurance
How to Get the Best Rate (In a Nutshell)
We've reviewed numerous quoting services to bring you the best ones. Each of the following free services can provide you with several competing quotes from various companies, thus enabling you to compare and pinpoint on the best rate that is available for your location:
1. Quotes Comparison Tool - May save you hundreds on your car insurance. This tool filters out the more expensive providers. Simply enter in your zip code and get free quotes from providers in your local area that offer the best rates.
2. Best-Quotes - Call them (toll-free) at (855) 981-7528 - this is a free by phone service that provides multiple company insurance rates specific to your location, see how companies compete for your business. Offers great rates from quality insurers.
The Newbie Mistake That Can Cost You Dearly
The number one mistake made by seekers of Cheap Car Insurance For 17 Year Old is approaching only the companies that are most heavily advertised. The first insurance company that comes to mind is not necessarily the one that will offer you the best rate.
The single most critical factor in getting a cheaper car insurance rate is shopping around for as many quotes as you can. Why? because different insurance companies charge different rates for the same coverage. In addition, insurance companies' competitiveness differ tremendously by customer location.
Only by obtaining several quotes that are specific to your situation and location you will be really able to discover the cheapest rate that is available to you. How many quotes? go for at least 5 quotes from different insurers, less than that will not do the job.
Now, usually shopping around for five quotes can be a tedious and time consuming task, but we will make it here much easier for you.
We've reviewed numerous quoting services to bring you the best two. Each of the following free services can provide you with several competing quotes from various companies, thus enabling you to compare and pinpoint on the best rate that is available for your location:
Tips to Help You Further Reduce Your Auto Insurance Quotes and Rates
Badly Damaged CarAs a recovering car fanatic who has literally bought and sold 8 different cars in the past 10 years I’ve come to appreciate the intricacies of getting a good deal. One of the most important things people don’t think about when they are about to buy that fancy European automobile is how much car insurance will cost.
On an absolute dollar level, driving a $50,000 car could cost anywhere between $2,000-$3,000 a year, depending on your record. At 4-6% of the annual cost of your car, car insurance is a big deal! The irony is, the cheaper the car you buy, generally the higher car insurance is as a percentage of your total cost.
Take my dear Moose, for example. He’s worth maybe $5,000 on a good day if the electrical gremlins aren’t flashing on the dashboard. Without going into details of what my car insurance plan entails, I pay roughly $80 a month or $960 a year. $960 is much cheaper than $2-3,000 in the $50,000 example above, but $960 is a whopping 19.3% of the total value of my car every year! In just 5.5 years, I’ll have paid more insurance than the value of the car itself!
Hence, the great irony is that driving an expensive car is better value for your insurance dollar money. What my point also illustrates to you is that driving a car has many more expenses than just gas and maintenance. Car insurance is a big one, which is why it’s important to try and save as much money as possible.
Here are 12 tips on how to find auto insurance discounts and make the most of them:
Be a good driver.A clean driving record is the best way to keep your insurance premiums low.
Choose a safe vehicle.Many insurance companies offer discounts to policyholders who drive cars with good safety records.
Drive less.Joining a car pool or taking public transportation can reduce the number of miles you drive each year and reduce your rate significantly.
Study hard.A Good Student Discount reduces rates for full-time students with a “B” average or better. There are also discounts for continuing education or defensive driving classes.
Insure all your cars on the same policy.Most companies will apply a multi-car discount to each and every car you insure.
6. Equip your vehicle with safety features.When you choose optional safety features on a new car – or add them to a used vehicle — you can reduce your premium. Discounts are offered for anti-theft devices, anti-lock brakes, automatic seat belts, air bags and car alarms.
Use your garage.Clean out your garage and move your car in. Or, if you live in the city, rent a garage. You rates will be lower because your vehicle will have less exposure to both the elements and crime.
Insure your home and your car with the same company.You can get a discount on both your car and your home insurance by insuring them with the same company.
Check with your employer.Some employers offer group auto insurance to workers. These often come with a lower group rates. Talk to your benefits coordinator.
Look for professional discounts.The work you do may entitle you to a discount car insurance rate. Many companies offer discounts to those drivers who tend to have fewer accidents. Engineers, scientists, teachers and doctors are among them. If your insurance company doesn’t offer this discount, look at professional associations. Many sponsor auto insurance
programs for members.
See if your company offers a renewal discount.Many car insurance companies offer a discount to drivers who stay with them for an extended period of time. See if yours is one of them.
Check your payment plan.Some companies offer a discount for paying in a lump sum … or by automatic deductions from your checking account.
Don’t forget to ask.Don’t assume your insurance company will automatically apply all the discounts which you are entitled. Sometimes you need to ask. Take a look at the Declarations Page that came with your insurance policy to see which discounts have been applied to your policy. Call your company or go online to see if others are available.
CONCLUSION - So there you have it, 12 tips for saving you money on auto insurance. Like buying a car, it’s always worth shopping around and comparing quotes. At the end of the day, you want to at least protect yourself from disaster scenarios and have liability. Safe driving!
When you're shopping for insurance, price and customer service are important. Will you be happy with claims service? Will you want to renew your policy and recommend the company? Insure.com asked the customers of large insurers to rate their level of satisfaction on five key measurements: customer service, claims, value for the price paid, whether they would renew and whether they would recommend the insurers. This resource shows their responses and lets you sort by the measurements most important to you.
Many people pay between $500 and $1,500 more than they have to for car insurance each year," says Lee Romanov, an auto insurance expert and consumer advocate in Toronto. "The industry is regulated and provincial governments have to approve rate increases, but insurers can attach whatever price they want to the policy depending on the profile of their target customers." This means your age and postal code determine your likelihood of filing a claim – at least in the eyes of the insurer.
Here, Romanov and Nancy Lee Martin, manager of consumer relations at the Insurance Bureau of Canada, show you how to keep costs down and ensure you get what you need.
Shop around - There are more than 100 insurance companies in Canada competing for your business. "Get as many quotes as you can," says Martin. Romanov created an online rating guide called Insurance Hotline, with a list of profiles and rates from more than 30 insurance companies.
One insurer is the way to go
If you aren't already using one insurer for your home and vehicles and putting all vehicles/drivers onto one policy, you're missing out on a multi-policy, multi-vehicle discount. This could save you anywhere from five to 15 per cent, says Martin.
If you do go with a broker, ask him if he is quoting you the insurer's lowest price, because he isn't obligated to, says Romanov. Also ask about the cancellation rules. Every policy has different rules and it's important to know what they are, otherwise an accident or a couple of tickets could lead to you being dropped.
Know your needs and wants - Ask yourself what you really need, then find out what companies are offering. One of the ways insurance companies differentiate themselves is through the "extras" they offer, such as 24-hour claim service, first accident forgiveness, disappearing deductibles, and claim service guarantees.
Ask about tickets and accidents - Insurance companies rate tickets and accidents "horrifically differently," says Romanov. For example, some will raise your rate if you get a speeding ticket, while others won't. Be sure to ask up front before signing on.
Consider your vehicle and the deductible you are prepared to pay
If your car is sputtering out, you may want to skip collision and comprehensive coverage because repairing it may not be worth it. Liability coverage is enough. "If you are only going to save $20 on the premium you might as well opt for the lower deductible," Romanov says. "It will save you money in the long run."
Ask about an approved theft-deterrent device - "Many companies offer discounts if you have one," says Martin. "The device should immobilize the engine in your vehicle to prevent theft."
Teens drive up insurance rates - Adding a teenage driver to your policy can quadruple your auto insurance costs, says Romanov, an auto insurance expert and consumer advocate in Toronto. Ouch!
"At a minimum, it will cost you a couple thousand dollars to insure your teen," she adds. Every situation is different, though. Insurers look at the driver's age, sex, the type of vehicle being driven, where he or she lives (some neighbourhoods have higher claim rates than others), whether the teen has had driver training, and whether he or she has had any tickets. "The best way to keep rates low is to have an accident- and conviction-free driving record," says Martin.
Auto insurance companies' rates are based on many factors and quotes can vary widely. Among the factors that insurance companies often consider when setting rates are age, gender, driving history, and the year, make and model of the vehicle. Additionally, in some states insurers can consider credit histories (credit scoring) when providing rate quotes.
If your car is financed, your lender will likely require you carry some form of Comprehensive insurance (sometimes known as "Other than Collision Coverage"). This type of insurance protects you against damage caused by things other than a vehicle collision such as fire, hail, flood, vandalism or theft. Collision insurance is coverage that applies to your vehicle if it is damaged as a result of colliding with another object—another vehicle, for example, or a tree.
Another step is to check the credit-worthiness of your insurance company through Moody's, Standard & Poor's and AM Best. If your insurance company has a strong financial rating, chances are excellent that it will have the ability to withstand a major catastrophe, such as claims produced by a hurricane, flood, earthquake or wildfires.
Cheap Car Insurance For 17 Year Old Quotes
Since vehicle policies are regulated at the state level, it is recommended that you add the name of your state and city to the search term when searching online for Cheap Car Insurance For 17 Year Old | Find A Cheaper Quote Online. For your convenient here is a list of US states and biggest cities: Alabama AL, in Alaska AK, in Arizona AZ, in Arkansas AR, in California CA, in Colorado CO, Connecticut CT, Delaware DE, District of Columbia DC, Florida FL, Georgia GA, Hawaii HI, Idaho ID, Illinois IL, Indiana IN, Iowa IA, Kansas KS, Kentucky KY, Louisiana LA, Maine ME, Maryland MD, Massachusetts MA, Michigan MI, Minnesota MN, Mississippi MS, Missouri MO, Montana MT, Nebraska NE, Nevada NV, New Hampshire NH, New Jersey NJ, New Mexico NM, New York NY, North Carolina NC, North Dakota ND, Ohio OH, Oklahoma OK, Oregon OR, Pennsylvania PA, Puerto Rico PR, Rhode Island RI, South Carolina SC, South Dakota SD, Tennessee TN, Texas TX, Utah UT, Vermont VT, Virginia VI, Washington WA, West Virginia WV, Wisconsin WI, Wyoming WY. New York, Los Angeles, Chicago, Houston, Philadelphia, okc, Phoenix, San Antonio, San Diego, Dallas, San Jose, Detroit, Indianapolis, Jacksonville, San Francisco, Columbus, Ohio, Austin, Memphis, Baltimore, Fort Worth, Charlotte, El Paso, Milwaukee, Seattle, Boston, Denver, Louisville- Jefferson County, Washington, Nashville-Davidson, in Las Vegas, Portland, Oklahoma City, Tucson, Albuquerque, Long Beach, Atlanta, Fresno, Sacramento, New Orleans, Cleveland, Kansas City, UK, Virginia Beach, Omaha, Oakland, Miami, Canadian, Canada, Northern Ireland, Australia, Tulsa, Honolulu, Minneapolis, Colorado Springs, Arlington.
The purpose of this article is to show you how to save on your policy premium costs and obtain really cheap policy price offers from the best rated and best value insurers. Now note that your rate can differ based on several factors. For example, the following personal factors can negatively affect your rate: first car for teens girls and boys, young driver, new drivers, over 60, under 21, learner drivers, teenagers, 17 year olds, young persons, high risk, under 25, drink drivers, young people, business car (any driver), young persons, 1st for women, business car insurance (any driver) and convicted drivers.
While other factors can allow for more affordable quotes, these include: over 50, college student, military, ladies, second car, renew current policy, low mileage, dual car, group family, joint drivers, 2nd car, limited mileage, multiple car and renewal.
There are some non-regular coverages that may not be available from every broker and agency, these may include: BMW vintage, pay as you go premium payments, high performance and racing autos, temporary European vehicles quotes, third party temp cover, antique or classic car, non owner 4x4 rental, no deposit required or agreed value low deposit.
You may also be interested in a non-regular term, these may include: pay monthly, for a day, for 6 month, weekend, monthly, weekly, short term, temp or 1 month - for those you'll need to locate specializing agencies or brokers. As for discounts for low income car owners, unfortunately most USA insurers will not provide low income men or women with special cheep or discounted car insurances rates. You can further lower your costs by limiting your cover to just liability rather than comprehensive, however this is not recommended. To summarize, taking advantage of the knowledge provided in this article can substantially reduce your average carinsurance costs.
Other articles that may interest you:
Copyright © by Bizmove. All rights reserved.